Fortis Healthcare Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting
07-02-2025 | 06:02 pm
07-02-2025 | 06:02 pm
The outcome of Fortis Healthcare Limited's recent board meeting included key decisions on its financial results and an amendment to its Articles of Association. The company approved its consolidated financial results for the quarter and half-year, reporting a revenue of ₹1,925.26 Cr and a net profit of ₹624.30 Cr for the quarter, driven by strong operational performance in its healthcare segment. Additionally, the board has amended its Articles of Association to align with recent regulatory changes regarding the appointment of a Nominee Director in relation to its newly issued Non-Convertible Debentures worth ₹1,550 Cr. The board also approved an updated policy on the materiality of events, reflecting its commitment to transparency.
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